TechFlow news, May 6 — According to an official announcement, Haedal has unveiled a token buyback program: every week, Haedal will allocate 50% of its protocol revenue (staking fees + HMM fees + net profit from haeVault) to directly repurchase HAEDAL tokens from the secondary market.
The repurchased HAEDAL tokens will be distributed 100% to veHAEDAL participants in proportion to their veHAEDAL balances. Actual reward distributions will occur during the veHAEDAL period in the week following each buyback.
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